Jeb Hensarling: “If these are preliminary suggestions and not rules [by the FSB] why is it that the FSB found it necessary to grant…”

People are coming to Texas because, again, capital is made to feel welcome.

How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.

As New York is increasingly shoving capital out, Texas is saying, 'You're welcome here.

So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…